BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina
Federal Budget 2020-21: FinTech focus
We're highlighting the key measures supporting startups, FinTech and blockchain in the 2020-21 Federal Budget released on 6 October 2020
Blockchain based digital driver's licences take off in South Korea
Recent reporting from Statista has shown that over one million South Koreans have opted to use a blockchain-based digital driver's licence
Bank of England expands Digital Currency experiments for the extended future
The Governor of the Bank of England has said that central bank digital currencies has been on the agenda for some time.
Australian PM considers importance of Blockchain during COVID
The Prime Minister of Australia is considering the potential of blockchain as part of a Deregulation Taskforce under the PM's Department.
QuadrigaCX Exchange "hack" actually a ponzi scheme: Ontario Securities Commission
An OSC report puts to rest claims that the Quadriga "lost password" collapse was anything other than a ponzi scheme.
EU bank customers can earn interest on Bitcoin deposits
European banking customers can now earn interest on Bitcoin deposits with a neobank offering 4.3% per annum rates
The taps turn on for Water Ledger pilot project
Water Ledger, an Australian-grown project based out of Queensland, has launched its pilot project for water trading in their home state.
Blockchain brings trust to commercial drones says US Department of Transportation
The US Department of Transportation has issued a report on the benefits of blockchain in addressing the challenges of tracking, enforcement.
Back to the Future? Blockchain back on the menu for US stimulus package
11 Members of Congress have sent an open letter suggesting Blockchain and DLT be used to assist with the US stimulus efforts
First-ever Islamic cross-border transaction using blockchain
The Abu Dhabi Islamic Bank has become the first Islamic bank to execute a cross-border finance distribution transaction using blockchain.
COVID-19 causes CHESS replacement delays at ASX
The ASX has announced that its DLT (don't say blockchain) replacement for the CHESS system has been delayed due to COVID-19 disruption